By: Anthony Perez Juan Siguenza Isai Toledo Exidio Sosa
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Transcript of By: Anthony Perez Juan Siguenza Isai Toledo Exidio Sosa
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By: Anthony PerezJuan Siguenza
Isai ToledoExidio Sosa
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Cambodia
• Average Income:$2,600• Funds lent to Cambodia by Kiva:
$28,725,400• Population of 14,453,680• Type of Government: Constitutional
Monarchy
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Problem in Cambodia
● Poverty● High interest rates with informal loans● Forced to pay taxes and fees with regulated
institutions
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Kiva
● Non-profit organization● Allows people to lend money via Internet in
developing countries● Help create business opportunities
worldwide● Gives hope to people who need money
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Why are loans better?
● Encourage people to work hard to pay back the money that was lent to them
● It motivates them to strive and succeed in order to repay the loan
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Ya● Takeo Province, Cambodia● Age: 41● Married● Two kids● Requests $1,000● Buy Pigs and Fodder
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Why is this a good loan?
● Help a family (financially)
● Help Ya’s children have an opportunity to get a bachelors degree
● Help someone expand their own business
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How much do we want to raise?
● We want to raise $25 or more